Money, Networks, Blockchains, & Bitcoin

Money, Networks, Blockchains, & Bitcoin

The much deserved Guy’s Take episode as a dedicated follow-up to the amazing work of “The Bitcoin Time Vol 1.” There just wasn’t enough time to do it justice during the read, so today I give my take on the plethora of ideas conveyed in Alek Svetski’s...
But Bitcoin Isn’t User Friendly…

But Bitcoin Isn’t User Friendly…

• Keys are being abstracted away. • Users will call customer support to restore their coins, but never give up control. • Ownership of a single UTXO will become rare. • On-chain transactions will be used to build networks, more than transfer coins. • Lightning,...
But Bitcoin Isn’t User Friendly…

How Bitcoin Could Bring Down the State

Inflation, or manipulation of the money supply to the benefit of the politically well connected, is quite possibly the most pervasive frauds of modern society.  It creates multiple layers of compounded resource misallocation, it benefits the debtors and...